29 Mar 2024
Tuesday 27 October 2015 - 00:52
Story Code : 185998

Iran, Brazil firm to boost economic relations

Iran, Brazil firm to boost economic relations
Irans Foreign Minister Mohammad Javad Zarif has stressed the importance of improving relations with Brazil given the countrys special position in Latin Americaand in the BRICS group of major emerging economies.

This country (Brazil) has always been among priorities of the Islamic Republic of Irans foreign policy, Zarif said in a meeting with Brazilian Minister of Development, Industry and Trade Armando Monteiro in Tehran on Monday.

He added that Iran has great potentialities to open new markets and can help Brazils access to the Central Asian region.

Zarif said Tehran and Brasilia are seeking a new roadmap to develop common interests, adding that the two sides enterprises and banking and economic institutes can play an important role in this regard.

He noted that Iran and Brazil enjoy great opportunities for strengthening cooperation in different fields such as technology, biotechnology, energy and gas.

The Iranian minister expressed his countrys readiness to remove obstacles in the way of banking cooperation with Brazil through constant consultation.

 

Brazils enhanced ties with Iran

Monteiro said Brazil has always attached special significance to cooperation with Iran and called for promotion of mutual relations.

The Brazilian minister arrived in Tehran Monday morning at the head of a 35-member economic delegation to explore ways of bolstering mutual economic relations.

Strengthening relations between Tehran and Brasilia in areas such as foreign trade, energy, banking, agriculture and investment has been mentioned as the main goal of Monteiros Tehran visit.

Brazil is currently the worlds seventh largest economy. It is also a member of the BRICS group of emerging powers that also includes Russia, India, China, and South Africa.

Brasilia is also Tehrans most important economic partner in Latin America and the volume of bilateral trade amounts to about USD 1.6 billion a year.

By Press TV
https://theiranproject.com/vdcjhievouqeohz.92fu.html
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